Being able to purchase incredible properties is one of the greatest things about being a celebrity, and a key reason why so many people envy the lifestyles of famous people. Throughout history, the cream of the entertainment and tech industries have been splashing out on high-end homes, and thatโs still the standard practice in todayโs market.
Indeed, the last decade has seen some of the biggest celebrity real estate purchases ever, with the likes of Beyoncรฉ Knowles and Marc Andreessen picking up some exceptional properties.
Beyoncรฉ Buys Bel-Air Estate for $88 Million
Beyoncรฉ is known for being one of the most extravagant divas in show business, so her properties need to reflect her image. In 2017, the Crazy In Love singer spent a whopping $88 million on a sprawling 30,000 square foot mansion in Bel-Air.
As one of the most exclusive places in the USA, there are plenty of amazing properties in the area. However, Beyoncรฉโs property stands out for features such as its bulletproof windows, 15-car garage, and dedicated wellness center.
Marc Andreessenโs $177 Million Malibu Compound
According to a piece in The Hollywood Reporter, Marc Andreessen broke the record for the most expensive California home ever in 2021 when he purchased a dwelling for $177 million. The tech billionaire picked up a beachfront home in the much-coveted area, designed by Scott Mitchell.
There are a few facets that make Andreessenโs home stand out, such as the private cinema and massive outdoor entertainment zone. On top of that, it has access to a private stretch of pristine beach. It doesnโt get much more elite than Andreessenโs incredible purchase.
Kylie Jennerโs $36.5 Million Holmby Hills Mansion
One of the most impressive purchases relative to the homeowner’s age was Kylie Jennerโs $36.5 million acquisition of a mansion in Holmby Hills. According to an article in Life & Style, the 23-year-old added the residence to her ever-growing real estate portfolio in 2020.
The property is a 19,250-square foot home with an astonishing 14 bathrooms. It also has a chefโs kitchen and a sports court, making it more akin to a five-star hotel than a residential abode. For normal people, the idea of visiting a house of this caliber is more likely on a luxury vacation, as it’s simply out of their budget to buy one.
The Role of Real Estate Experts in High-Stakes Deals
When it comes to celebrity real estate agents, the stars do things slightly differently than normal people. For them, the people who cut the deals on the properties are celebrities in their own right as well. They have to deal with multimillion dollar exchanges, and it’s a cutthroat market that’s worlds apart from what goes on in the standard real estate industry. This isn’t as much added complexity in the regular market, with some companies simplifying the sale purchase for the market. For day-to-day house deals, companies like We Buy Any Home can help non-celebrities get a prompt cash offer on their abodes and sell up within a week of starting the process. When it comes to multimillion dollar deals, there are a few more factors involved, and it’s less likely to have houses sold this quickly.
Indeed, the ultra-wealthy often have teams of expert agents and architects that help with the buying and selling of homes. Theyโre operating in a different stratosphere to the rest of us, and thatโs highlighted by some of the monumental purchases that have occurred over the last ten years.
Itโs always exciting to see what kind of homes the biggest stars are buying, and it seems that the purchases keep getting bigger and better.
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